ProShares Ultra Industrials (NYSEARCA:UXI – Get Free Report) passed above its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of $52.81 and traded as high as $53.56. ProShares Ultra Industrials shares last traded at $53.10, with a volume of 3,086 shares trading hands.
ProShares Ultra Industrials Trading Up 2.0%
The company’s fifty day moving average is $52.81 and its 200 day moving average is $55.87. The company has a market capitalization of $26.55 million, a P/E ratio of 24.50 and a beta of 2.03.
Institutional Investors Weigh In On ProShares Ultra Industrials
An institutional investor recently raised its position in ProShares Ultra Industrials stock. IMC Chicago LLC lifted its stake in shares of ProShares Ultra Industrials (NYSEARCA:UXI – Free Report) by 68.4% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 48,987 shares of the company’s stock after purchasing an additional 19,898 shares during the quarter. IMC Chicago LLC owned 8.75% of ProShares Ultra Industrials worth $2,418,000 as of its most recent SEC filing.
ProShares Ultra Industrials Company Profile
ProShares Ultra Industrials (the Fund) seeks daily investment results that correspond to twice the daily performance of the Dow Jones United States Industrials Index. The Dow Jones United States Industrials Index measures the performance of the industrial industry of the United States equity market. Component companies include building materials, heavy construction, factory equipment, heavy machinery, industrial services, pollution control, containers and packaging, industrial diversified, air freight, marine transportation, railroads, trucking, land-transportation equipment, shipbuilding, transportation services, advanced industrial equipment, electric components and equipment, and aerospace.
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